December is expected to offer investors compelling opportunities to further capitalize on the market, according to Nigel Green, CEO of deVere Group, one of the world’s largest independent financial advisory and asset management organizations.
Green’s optimistic outlook is rooted in the strong momentum observed in stock markets, historical trends, and the economic direction under President-elect Donald Trump. He notes, “With equities already delivering an exceptional year, and a traditionally strong December ahead, the stage is set for continued gains.”
Highlighting Wall Street’s remarkable performance, Green points out that 2024 has already seen 54 new highs, reinforcing his positive view of the market’s trajectory. “December is traditionally a favorable month for the markets, often characterized by strong investor activity and positive returns. This year, expectations remain high, with an 80% probability of another positive finish, aligning with long-standing historical patterns,” he adds.
Investor confidence is bolstered by the belief that the incoming Trump administration’s policies will stimulate economic expansion. Green highlights fiscal initiatives such as potential tax cuts and regulatory easing, which are expected to lower operational costs and unlock growth opportunities for businesses.
Despite concerns surrounding protectionist trade measures, deVere is optimistic that the overall policy framework will be conducive to long-term growth. Investors are adjusting their strategies, focusing on sectors that stand to benefit from a more business-friendly environment.
With the market showing resilience, Green suggests that this creates an ideal climate for investors to maintain a long-term perspective and continue engaging with the market. “The combination of historical strength, seasonal patterns, and pro-growth sentiment points to an extended window of opportunity,” he states.
While acknowledging the need for caution amidst global uncertainties, Green argues that those who stay invested and expand their portfolios are likely to reap significant rewards. Lower regulatory hurdles and targeted fiscal policies are expected to enhance profitability across industries, encouraging expansion and innovation.
Concluding, Green says, “Taking advantage of the evident opportunities will be key. While challenges may arise, the potential for continued gains offers a compelling narrative for investors focused on building long-term wealth.”